Amazon.com (AMZN) Expected to Announce Earnings on Thursday

Amazon.com (NASDAQ:AMZN) will likely be releasing its earnings data after the market closes on Thursday, February 6th. Analysts expect Amazon.com to post earnings of $1.54 per share and revenue of $187.28 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same period last year, the company earned $0.85 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year. On average, analysts expect Amazon.com to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $237.07 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Amazon.com has a 12 month low of $151.61 and a 12 month high of $241.77. The stock has a 50 day moving average of $221.62 and a 200-day moving average of $198.03. The company has a market capitalization of $2.49 trillion, a P/E ratio of 50.76, a P/E/G ratio of 1.31 and a beta of 1.14.

Insiders Place Their Bets

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the sale, the director now owns 24,912 shares of the company’s stock, valued at $4,958,982.72. The trade was a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the sale, the director now directly owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. This trade represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock worth $1,253,456,822 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Wolfe Research lifted their price objective on Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. UBS Group lifted their price target on Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Royal Bank of Canada boosted their price objective on Amazon.com from $215.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Roth Mkm boosted their price objective on Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Stifel Nicolaus boosted their price objective on Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $249.46.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.